Pebblebrook Hotel Trust (NYSE:PEB) Receives Average Rating of "Hold" from Analysts

Key Points

• Analysts rate Pebblebrook Hotel Trust “Hold” on average: Of 15 analysts, seven recommend holding the stock, while three rate it a sell, three a buy, and two a strong buy. The average 12-month price target is $17.44.
• PEB shares opened at $18.34, near the upper end of their 52-week range of $9.99 to $19.93. Recent analyst actions were mixed, with price targets ranging from $15 to $20 and ratings including neutral and underweight.
• The REIT reported quarterly EPS of $0.68, beating the $0.12 consensus estimate, while revenue of $407.14 million slightly exceeded expectations but declined marginally year over year. Pebblebrook also declared a $0.01 quarterly dividend, equal to a 0.2% yield.

Shares of Pebblebrook Hotel Trust (NYSE:PEB - Get Free Report) have received a consensus rating of "Hold" from the fifteen analysts that are currently covering the company, MarketBeat.com reports. Three equities research analysts have rated the stock with a sell recommendation, seven have issued a hold recommendation, three have given a buy recommendation and two have given a strong buy recommendation to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $17.4423.

PEB has been the topic of several recent research reports. Cantor Fitzgerald upped their target price on shares of Pebblebrook Hotel Trust from $15.00 to $19.00 and gave the company a "neutral" rating in a research report on Tuesday, August 11th. Evercore set a $15.00 price target on Pebblebrook Hotel Trust in a research report on Monday, April 27th. Barclays boosted their price objective on Pebblebrook Hotel Trust from $13.00 to $15.00 and gave the stock an "underweight" rating in a research note on Tuesday, July 21st. Citigroup upped their price objective on Pebblebrook Hotel Trust from $15.00 to $20.00 and gave the company a "neutral" rating in a research report on Wednesday, July 22nd. Finally, Weiss Ratings raised Pebblebrook Hotel Trust from a "sell (d+)" rating to a "hold (c-)" rating in a research note on Friday, August 7th.

Pebblebrook Hotel Trust Trading Down 0.8%

PEB stock opened at $18.34 on Tuesday. The firm has a fifty day moving average price of $18.72 and a 200 day moving average price of $15.50. Pebblebrook Hotel Trust has a fifty-two week low of $9.99 and a fifty-two week high of $19.93. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.34 and a current ratio of 1.34. The firm has a market cap of $2.07 billion, a PE ratio of -26.57, a price-to-earnings-growth ratio of 1.27 and a beta of 1.40.

Pebblebrook Hotel Trust (NYSE:PEB - Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The real estate investment trust reported $0.68 earnings per share for the quarter, topping the consensus estimate of $0.12 by $0.56. Pebblebrook Hotel Trust had a negative net margin of 3.11% and a negative return on equity of 1.83%. The company had revenue of $407.14 million for the quarter, compared to analysts' expectations of $400.05 million. During the same quarter in the previous year, the business posted $0.65 earnings per share. Pebblebrook Hotel Trust's quarterly revenue was down .1% on a year-over-year basis. Pebblebrook Hotel Trust has set its Q3 2026 guidance at 0.480-0.520 EPS and its FY 2026 guidance at 1.690-1.760 EPS. Sell-side analysts anticipate that Pebblebrook Hotel Trust will post 1.7 earnings per share for the current fiscal year.

Pebblebrook Hotel Trust Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were issued a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a yield of 0.2%. The ex-dividend date was Tuesday, June 30th. Pebblebrook Hotel Trust's dividend payout ratio is presently -5.80%.

Institutional Investors Weigh In On Pebblebrook Hotel Trust

Several hedge funds and other institutional investors have recently made changes to their positions in PEB. M&T Bank Corp purchased a new position in Pebblebrook Hotel Trust in the 4th quarter worth about $4,411,000. Voss Capital LP bought a new stake in Pebblebrook Hotel Trust during the 4th quarter valued at about $4,897,000. Arrowstreet Capital Limited Partnership boosted its position in Pebblebrook Hotel Trust by 51.9% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 2,154,627 shares of the real estate investment trust's stock valued at $27,213,000 after buying an additional 736,078 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in Pebblebrook Hotel Trust in the 2nd quarter valued at about $1,906,000. Finally, Legal & General Group Plc grew its stake in Pebblebrook Hotel Trust by 14.1% in the 4th quarter. Legal & General Group Plc now owns 2,566,267 shares of the real estate investment trust's stock worth $29,050,000 after acquiring an additional 317,573 shares in the last quarter.

Pebblebrook Hotel Trust Company Profile

Pebblebrook Hotel Trust NYSE: PEB is a real estate investment trust specializing in premium, high-barrier-to-entry hotel properties in gateway markets across the United States. Established in 2009, PEB focuses on lifestyle-oriented lodging assets that cater to business and leisure travelers seeking elevated experiences. The company's investment strategy emphasizes select-service and full-service hotels with established brands and prime urban or resort locations.

PEB's portfolio comprises more than 30 properties in major metropolitan areas including New York City, Los Angeles, Chicago, Miami and San Francisco.

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